June 11, 2021
A mid-year tax check-up on your taxes (June 2021)
By the beginning of June, most Canadians have filed their individual income tax return for the 2020 tax year and received a Notice of Assessment (NOA) outlining their tax position for that year. Those...
How to not fall victim to a tax scam (May 2021)
It is a sad fact that, every year, thousands of Canadians become the victims of scams in which fraud artists claim to be representatives of the federal government. Equally sadly, in most cases the mon...
Paying the taxman – when and how (April 2021)
Our tax system is, for the most part, a mystery to individual Canadians. The rules surrounding income tax are complicated and it can seem that for every rule there is an equal number of exceptions or ...
What’s new on the 2020 tax return? (March 2021)
While the obligation to file a tax return recurs annually, that return form is never exactly the same from year to year. Tax brackets and allowable deduction and credit amounts change each year and, m...
2019 Personal Tax Rates
Dividends ( Eligible)
Up to $43,900
$43,900 to $47,600
$47,600 to $77,300
$77,300 to $87,800
$87,800 to $91,100
$91,100 to $95,300
$95,300 to $147,600
$147,600 to $150,000
$150,000 to $210,400
$210,400 to $220,000
Greater than $220,000
2019 Corporate Tax Rates
CCPC up to $500,000
Ordinary corporate income
Manufacturing and processing corporate rate
Refundable portion of tax on investment income
Net of refundable on investment income
Tax on portfolio dividends
Dividend gross-up (eligible)
Dividend gross-up (ineligible)
A New Consulting Division at Lund & Associates …
Services Relating to the Sale of a Business
We are excited to announce that we are expanding at Lund & Associates to include a consulting division to offer services relating to the planning for and actual sale of a business at a maximum value.
Valuing the business
Preparing the business for sale to maximize value
Minimizing risk factors for a purchaser that affect the ability to sell the business
Tax planning relating to the sale of a business
Preparing information documents to assist in the sale process
Identifying potential buyers and approaching the buyers
Assisting with the negotiation of terms to the point of a Letter of Intent
Coordinating document flow with banks/lenders involved in the business and sales transaction
Liaison with lawyers to assist in preparation of agreements
We have developed expertise in this area over several years as we have been working with owner-managers right through their business cycle from start-up to eventual sale of the business.
In most cases planning for the sale of a business should begin several years before the planned sale date.
If you, or anyone you know, are interested in discussing how we can help you prepare for the Sale of a Business please contact Brad Lund at , firstname.lastname@example.org .